Definition, Meaning & Synonyms
separate-entity
noun
/ˈsɛpəreɪt ˈɛntɪti/
Definition
A distinct unit or body that operates independently from other units or bodies.
Examples
- The LLC operates as a separate entity, protecting its owners from personal liability.
- In accounting, it is crucial to treat each company as a separate entity for accurate financial reporting.
Meaning
In a legal or business context, a separate entity refers to an organization or individual that exists independently, often for purposes of ownership, liability, or taxation, providing a clear distinction from others.
Synonyms
- Independent body
- Distinct organization
- Autonomous unit
